Callum Henderson, Global Head of FX Research at Standard Chartered tells CNBC's Cash Flow that the forex markets should expect volatility in the coming weeks.
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Gold edged down on Thursday after trading in volatile $20 range in the previous session, but a steadier euro, gains in equities and hopes that Europe was moving to prop up the region's ailing banking sector could cushion the fall.
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The euro got off to a wobbly and volatile start on Monday in early Asia as investors reacted cautiously to mixed news out of Europe to tackle its escalating debt crisis.*
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The latest wave of market turbulence could sweep stocks lower into the summer, but it's not likely to be the start of a deep correction, analysts say.
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Analysis of the major indexes and investment strategies for this choppy market, with Jason Trennert, Strategas Research Partners chief investment strategist and CNBC's Bob Pisani.
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